Log in

NASDAQ:ARGO - Argo Group Stock Price, Forecast & News

-2.53 (-6.77 %)
(As of 03/29/2020 02:43 AM ET)
Today's Range
Now: $34.86
50-Day Range
MA: $51.74
52-Week Range
Now: $34.86
Volume414,284 shs
Average Volume210,838 shs
Market Capitalization$1.20 billion
P/E RatioN/A
Dividend Yield3.32%
Argo Group International Holdings Ltd. engages in underwriting property and casualty insurance and reinsurance. The company operates through following segments: Property, Liability, Professional and Specialty. The Property segment includes both property insurance and reinsurance products. The Liability segment includes a broad range of primary and excess casualty products. The Professional segment includes various professional lines products including errors and omissions, management liability and cyber coverages. The specialty segment includes niche insurance coverages including marine & energy, accident & health and surety product offerings. The company was founded in 1986 and is headquartered in Pembroke, Bermuda.
Read More

Industry, Sector and Symbol

Industry Property/Casualty Insurance
Current SymbolNASDAQ:ARGO
Phone(441) 296-5858



Sales & Book Value

Annual SalesN/A



Market Cap$1.20 billion
Next Earnings Date5/4/2020 (Estimated)
OptionableNot Optionable

Receive ARGO News and Ratings via Email

Sign-up to receive the latest news and ratings for ARGO and its competitors with MarketBeat's FREE daily newsletter.

Argo Group (NASDAQ:ARGO) Frequently Asked Questions

How has Argo Group's stock been impacted by COVID-19 (Coronavirus)?

Argo Group's stock was trading at $39.55 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ARGO stock has decreased by 11.9% and is now trading at $34.86. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Argo Group?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Argo Group in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Argo Group.

When is Argo Group's next earnings date?

Argo Group is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Argo Group.

How were Argo Group's earnings last quarter?

Argo Group (NASDAQ:ARGO) posted its quarterly earnings results on Monday, February, 24th. The company reported ($2.15) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($2.15). The firm earned $462.80 million during the quarter, compared to analyst estimates of $478.97 million. View Argo Group's earnings history.

How often does Argo Group pay dividends? What is the dividend yield for Argo Group?

Argo Group declared a quarterly dividend on Wednesday, February 19th. Stockholders of record on Monday, March 2nd will be paid a dividend of $0.31 per share on Monday, March 16th. This represents a $1.24 annualized dividend and a dividend yield of 3.56%. The ex-dividend date of this dividend is Friday, February 28th. View Argo Group's dividend history.

What price target have analysts set for ARGO?

3 brokerages have issued 1-year price targets for Argo Group's stock. Their forecasts range from $74.00 to $74.12. On average, they anticipate Argo Group's stock price to reach $74.04 in the next twelve months. This suggests a possible upside of 112.4% from the stock's current price. View analysts' price targets for Argo Group.

What are Wall Street analysts saying about Argo Group stock?

Here are some recent quotes from research analysts about Argo Group stock:
  • 1. According to Zacks Investment Research, "PXRE Group Ltd. provides reinsurance products and services to a worldwide marketplace. They primarily emphasize commercial and personal property and casualty reinsurance risks, and offer both broker-based and direct-writing distribution capabilities. PXRE also provides marine and aerospace reinsurance products and services. " (2/17/2020)
  • 2. Boenning Scattergood analysts commented, "We compare ARGO to a peer group of 10 specialty insurers. The peer group is trading at a higher price-to-book multiple than ARGO (1.5x vs. 1.2x), but peers have also generated stronger returns. Relative to expected ROE, ARGO’s shares appear to be undervalued (see chart below). We are maintaining our Outperform rating and our target price of $81.00, which is 1.4 times our 12-months forward BVPS estimate of $58.49." (8/6/2019)

Has Argo Group been receiving favorable news coverage?

Media coverage about ARGO stock has trended negative recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Argo Group earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutArgo Group.

Who are some of Argo Group's key competitors?

What other stocks do shareholders of Argo Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Argo Group investors own include Methanex (MEOH), Altria Group (MO), Verizon Communications (VZ), Dominion Energy (D), Enterprise Products Partners (EPD), Helmerich & Payne (HP), Occidental Petroleum (OXY), AT&T (T), Exxon Mobil (XOM) and Cisco Systems (CSCO).

Who are Argo Group's key executives?

Argo Group's management team includes the following people:
  • Mark E. Watson, President, Chief Executive Officer & Director
  • Phil Vedell, Head-Global Operations
  • Jay Stanley Bullock, Chief Financial Officer & Executive Vice President
  • Mark H. Rose, Chief Investment Officer & Senior Vice President
  • Nigel Mortimer, President-Argo Insurance Bermuda

What is Argo Group's stock symbol?

Argo Group trades on the NASDAQ under the ticker symbol "ARGO."

Who are Argo Group's major shareholders?

Argo Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Champlain Investment Partners LLC (5.45%), Janus Henderson Group PLC (3.81%), Nuveen Asset Management LLC (2.70%), State Street Corp (2.36%), Norges Bank (2.27%) and First Trust Advisors LP (2.19%). Company insiders that own Argo Group stock include F Sedgwick Browne, Hector Deleon, Jay Stanley Bullock, John R Power Jr, Jose Angel Hernandez, Kathleen Nealon, Kevin James Rehnberg, Mark E Watson III, Mural R Josephson, Samuel G Liss and Thomas A Bradley. View institutional ownership trends for Argo Group.

Which institutional investors are selling Argo Group stock?

ARGO stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Peregrine Capital Management LLC, AQR Capital Management LLC, Bank of Montreal Can, Jacobs Levy Equity Management Inc., Martingale Asset Management L P, Kennedy Capital Management Inc., and Victory Capital Management Inc.. Company insiders that have sold Argo Group company stock in the last year include Jay Stanley Bullock, Kathleen Nealon, and Kevin James Rehnberg. View insider buying and selling activity for Argo Group.

Which institutional investors are buying Argo Group stock?

ARGO stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, First Trust Advisors LP, Champlain Investment Partners LLC, FMR LLC, Janus Henderson Group PLC, Eagle Asset Management Inc., Mesirow Financial Investment Management Equity Management, and Wedge Capital Management L L P NC. Company insiders that have bought Argo Group stock in the last two years include Jose Angel Hernandez, Samuel G Liss, and Thomas A Bradley. View insider buying and selling activity for Argo Group.

How do I buy shares of Argo Group?

Shares of ARGO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Argo Group's stock price today?

One share of ARGO stock can currently be purchased for approximately $34.86.

How big of a company is Argo Group?

Argo Group has a market capitalization of $1.20 billion.  View additional information about Argo Group.

How can I contact Argo Group?

The company can be reached via phone at (441) 296-5858.

MarketBeat Community Rating for Argo Group (NASDAQ ARGO)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  71 (Vote Outperform)
Underperform Votes:  86 (Vote Underperform)
Total Votes:  157
MarketBeat's community ratings are surveys of what our community members think about Argo Group and other stocks. Vote "Outperform" if you believe ARGO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ARGO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel